Back of the envelope thoughts on how it gets paid for... Raise...

  1. 1,018 Posts.
    Back of the envelope thoughts on how it gets paid for...

    Raise GST- Politically diffiult. Regressive. But could try it in some spin to boost wages/inflation (still hard).
    Austerity- Ghost of 2014 haunts. Public getting a bit edgy on public services/amenities cut while population growth is insane high.
    Cut CGT discount/neg gearing- Borrow an ALP idea. CGT discount more likely then neg gearing for mine. Potentially tanks housing.
    Remove imputations- Would need some other compensatory relief for dividends. Potentially tanks the ASX.
    Hodge podge of excise, fringe benefits, luxury car tax, whatever else etc- Won't raise enough.
    Just plain lose AAA rating- Politically difficult. Would need to be hoping it occurs post election.
    Absolute accounting nonsese- Back this horse. Ridiculous optomistic assumptions over the forward estimates. Probably loses the AAA mentioned above but that is the next Parliament's issue.

    A mix of the politically difficult, borrowing ALP ideas and outright lies. But this government is firmly in Hail Mary territory now.
 
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